The Bank of England has held interest rates at 4 per cent, pausing its cycle of monetary easing as governor Andrew Bailey warned that Britain was “not out of the woods yet” on inflation. The…
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Business
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The former Director General of the Institute of Directors has been disqualified as a company director for 11 years after abusing the government’s Covid Bounce Back Loan scheme. Anna Daroy, 61, of Abbots Morton, Worcestershire,…
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Women entrepreneurs are achieving 25 per cent lower valuations than their male peers when exiting their businesses, according to new research unveiled by Evelyn Partners at its No Diversity, No Deal event in Glasgow. The…
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The rejection of proposed amendments to the government’s Employment Rights Bill risks creating unnecessary barriers to growth and worsening conditions in the UK labour market, according to the Association of Professional Staffing Companies (APSCo UK).…
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Classic literature is enjoying a new surge in demand – not for its words, but for the soaring value of rare first editions. Pawnbrokers across the UK say they are seeing a dramatic rise in…
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Octopus Energy Group has announced it will spin off Kraken, its fast-growing AI-powered technology arm, in a move designed to accelerate its expansion into global energy markets. Kraken, launched within Octopus in 2019, has become…
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Business
Millions of Gucci, Balenciaga and Alexander McQueen customer records ransomed in cyberattack
Cyber criminals have stolen the personal details of potentially millions of Gucci, Balenciaga and Alexander McQueen customers in a ransomware attack on their parent company, Kering. The luxury group confirmed that in April hackers gained…
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Business
Cyberattacks 2025: Millions of UK users exposed in year of hacks — here’s what it means for your data
If 2024 was the year when artificial intelligence dominated the headlines, then 2025 has been the year of the cyberattack. From luxury fashion houses to high-street retailers and car manufacturers, businesses across the UK and…
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Tesla shares have surged almost 50% since the company was rocked by a very public clash between CEO Elon Musk and US President Donald Trump in June. On June 5, 2025, the feud sent Tesla…
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Ocado has begun using zero-emission refrigeration units across its flagship double-deck trailer fleet as part of efforts to cut emissions and reduce costs. The online grocer confirmed that Sunswap’s Endurance units — powered by batteries…